Zacks: Analysts Anticipate Donnelley Financial Solutions Inc (NYSE:DFIN) to Post $0.13 Earnings Per Share

Wall Street analysts expect Donnelley Financial Solutions Inc (NYSE:DFIN) to announce earnings per share (EPS) of $0.13 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Donnelley Financial Solutions’ earnings, with estimates ranging from $0.08 to $0.17. Donnelley Financial Solutions reported earnings per share of ($0.06) during the same quarter last year, which would suggest a positive year-over-year growth rate of 316.7%. The firm is expected to report its next quarterly earnings results on Wednesday, February 26th.

According to Zacks, analysts expect that Donnelley Financial Solutions will report full year earnings of $1.07 per share for the current financial year, with EPS estimates ranging from $1.02 to $1.11. For the next financial year, analysts expect that the business will post earnings of $1.29 per share, with EPS estimates ranging from $1.14 to $1.43. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for Donnelley Financial Solutions.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.34. The firm had revenue of $195.90 million during the quarter, compared to the consensus estimate of $209.80 million. Donnelley Financial Solutions had a return on equity of 12.22% and a net margin of 3.35%.

A number of analysts recently commented on DFIN shares. Zacks Investment Research lowered Donnelley Financial Solutions from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. ValuEngine raised shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday. DA Davidson decreased their price target on shares of Donnelley Financial Solutions from $25.00 to $21.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. TheStreet raised shares of Donnelley Financial Solutions from a “d+” rating to a “c” rating in a research report on Monday, September 23rd. Finally, B. Riley started coverage on shares of Donnelley Financial Solutions in a research note on Wednesday, October 16th. They set a “buy” rating and a $16.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Donnelley Financial Solutions presently has an average rating of “Hold” and a consensus price target of $16.00.

Donnelley Financial Solutions stock traded down $0.28 during mid-day trading on Friday, hitting $9.96. 11,018 shares of the company were exchanged, compared to its average volume of 270,544. Donnelley Financial Solutions has a 12-month low of $9.24 and a 12-month high of $17.09. The company has a market capitalization of $344.37 million, a P/E ratio of 4.62, a PEG ratio of 13.29 and a beta of 1.79. The business’s 50 day simple moving average is $10.40 and its two-hundred day simple moving average is $11.90. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.38 and a quick ratio of 1.31.

In other news, Director Jeffrey Jacobowitz bought 284,300 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average cost of $9.93 per share, with a total value of $2,823,099.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Daniel Leib bought 20,000 shares of Donnelley Financial Solutions stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of $9.85 per share, for a total transaction of $197,000.00. The disclosure for this purchase can be found here. 9.63% of the stock is currently owned by company insiders.

Large investors have recently made changes to their positions in the business. Aperio Group LLC purchased a new position in shares of Donnelley Financial Solutions in the 2nd quarter worth about $141,000. State of Tennessee Treasury Department grew its holdings in shares of Donnelley Financial Solutions by 8.5% during the 3rd quarter. State of Tennessee Treasury Department now owns 14,515 shares of the company’s stock worth $179,000 after purchasing an additional 1,141 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Donnelley Financial Solutions during the 2nd quarter worth approximately $243,000. AlphaOne Investment Services LLC increased its position in Donnelley Financial Solutions by 192.2% during the 2nd quarter. AlphaOne Investment Services LLC now owns 18,299 shares of the company’s stock worth $244,000 after purchasing an additional 12,037 shares in the last quarter. Finally, 6 Meridian raised its holdings in Donnelley Financial Solutions by 46.8% in the third quarter. 6 Meridian now owns 19,748 shares of the company’s stock valued at $243,000 after buying an additional 6,299 shares during the period. Institutional investors own 94.13% of the company’s stock.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.

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Earnings History and Estimates for Donnelley Financial Solutions (NYSE:DFIN)

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